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The blood of a man who deliberately injected himself with snake venom for nearly two decades has led to an "unparalleled" anti-venom.
Pick & Scroll News
May 08, 2025
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Good morning. The blood of a man who deliberately injected himself with snake venom for nearly two decades has led to an "unparalleled" anti-venom.
Tim Friede has endured more than 200 bites and more than 700 injections of venom as he prepared for his job handling snakes.
In his two decades of experimentation, he only made one serious mistake when two cobra bites put him into a coma. I think we'll stick with our desk job.
All the headlines and more below...
AUSTRALIAN NEWS
Why your kids will pay Chalmers’ 30% tax on super
Australian Gen Z workers could exceed $3M in superannuation by the time they turn 64. LINK
Western Sydney has 35,000 approved but unbuilt homes due to high construction costs. LINK
Global investors are turning to Australian property as a stable alternative during the second Trump presidency. LINK
Technology failures cost Australian businesses up to $10,000 per minute whilst exposing digital vulnerabilities. LINK
Australian firms are using artificial intelligence to improve operational risk detection and digital resilience. LINK
GLOBAL NEWS
At least 26 tourists killed by suspected militants in Kashmir attack
India launched strikes into Pakistani territory, killing at least 26 and injuring 46. LINK
The US trade deficit has reached US$140.5B in March as companies rush imports before new tariffs. LINK
Britain and India have completed a £25.5B trade pact after Trump's tariffs pushed trade diversification. LINK
Global oil prices have fallen to US$62.50 per barrel, 50% lower than 2022 levels. LINK
COMPANY NEWS
ASIC takes action against Macquarie Bank for 'significant' compliance failures
ASIC imposed licence conditions on Macquarie Bank as repeated compliance failures were identified in its futures and derivatives trading. LINK
Erudite Legal has received a $50,000 fine for breaching workplace laws by forcing excessive work hours on a junior lawyer. LINK
US tech giants Meta and Google earned $15B in Australia whilst paying just $254M in tax through offshore profit shifting. LINK
NextDC announced a $100M upgrade as AI demand drives 50% growth in customer orders. LINK
LinkedIn celebrates its 22nd anniversary with 1.1 billion users as Microsoft leverages its data for AI development. LINK
Dubai developer Arada acquired Roberts Co NSW to accelerate construction of 5,000 homes in Australia. LINK
Meta launched its AI chatbot app whilst raising privacy concerns over its use of Facebook and Instagram data. LINK
NAB achieved a first-half cash profit of $3.6B amid growing competition in business lending. LINK
JB Hi-Fi reported 6.5% sales growth in Australian stores for the March quarter as annual growth maintained at 6.9%. LINK
The NRL has granted WA a new team with a $65M support package whilst waiving state licensing fees for 2027 entry. LINK
Seven West Media has acquired Southern Cross Media Group's regional TV assets for $3.75M. LINK
Origin Energy will expand electricity services to 7 QLD cities whilst excluding solar households. LINK
Nuix has withdrawn key performance targets due to uncertainty in closing deals amid global economic volatility. LINK
Nine Entertainment is finalising a $1.4B sale of Domain whilst pursuing Formula 1 broadcast rights for Stan Sport in Australia. LINK
Aurizon will cut 200 jobs to reduce costs by $50M amid declining bulk commodity haulage profits. LINK
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